Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Hays County approves incentives package capped at $4M for planned H‑E‑B in Buda
Summary
The court authorized a Chapter 381 economic development agreement for "Project San Antonio," supporting an H‑E‑B store development in Buda with sales‑tax and ad‑valorem rebates (50% each year for 30 years) capped at $4 million; the developer plans roughly $70 million in investment and remediation of a former landfill site.
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Hays County's Commissioner's Court voted to authorize a Chapter 381 economic development incentives agreement to support a planned H‑E‑B grocery store development in Buda, a project the court discussed in executive session as "Project San Antonio." The agreement, described to the court by a commissioner after executive session, would back a proposed roughly 100,000‑square‑foot H‑E‑B with a minimum capital investment of about $70 million and an anticipated 50 full‑time equivalent jobs.
The incentive package approved by the court includes a rebate of 50% of county sales tax revenue each year and a rebate of 50% of ad‑valorem taxes each year, both for up to 30 years. Commissioners said the county's contribution is capped at a total maximum value of $4,000,000. The motion passed after a roll call vote.
Commissioners and staff told the court the site requires substantial environmental remediation; the county and city are coordinating with the developer and local emergency service districts. One commissioner said the site is an old city landfill with estimated remediation costs of about $30 million and described the approval as a precedent for factoring environmental remediation into local economic development deals.
The court authorized county staff to finalize the incentives agreement and related legal steps, and commissioners said additional documents (including any negotiated conditions and road improvements tied to the project) will be returned to the court for final administrative steps and implementation oversight.
What happens next: county staff will negotiate final contract language and any related infrastructure agreements; the county administrator and civil division were authorized to proceed with defined steps and to seek amendments to closing dates or feasibility periods where needed.
